MTN
MTN                                                                             
MTN - MTN Group Limited - Statement from MTN Group Chairman, Cyril Ramaphosa, on
The Turkcell claim                                                              
MTN Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1994/009584/06                                              
Share code: MTN                                                                 
ISIN code: ZAE000042164                                                         
("MTN")                                                                         
STATEMENT FROM MTN GROUP CHAIRMAN, CYRIL RAMAPHOSA, ON THE TURKCELL CLAIM       
This evening the Board of MTN issued a statement via the JSE`s Stock Exchange   
News Service (SENS) regarding a potential claim in the US courts against the MTN
Group by the Turkish mobile phone operator Turkcell.  The details of the        
allegations made by Turkcell against the company are set out in our             
announcement.                                                                   
Irrespective of the validity of Turkcell`s claims, the very fact that such      
allegations have been made is serious.  MTN has zero tolerance for corrupt and  
unethical business practices.  MTN`s response must be measured and              
authoritative, reflecting the seriousness with which we take any claims of this 
nature.  Accordingly, the MTN Group Board has decided to set up a special       
committee to consider these allegations in depth and to recommend appropriate   
action.  This committee will comprise non-executive members of our Board, and   
will be chaired by Lord Hoffman, the eminent South African born judge and       
jurist.  I am confident that he will bring a fiercely independent perspective to
the process.                                                                    
MTN is an extraordinary success story for South Africa.  We are a young, dynamic
company that represents the best of our continent.  The empowering role we have 
played in providing mobile communications to communities across Africa and the  
Middle East is something of which I am immensely proud.  MTN and the Board      
remain committed to providing the highest quality of services and products to   
our customers.  As Chairman, I know the pride that all of us at MTN feel in the 
work we do.   We all remain committed to this vision.                           
Fairland                                                                        
2 February 2012                                                                 
Sponsor                                                                         
Deutsche Securities (SA) (Pty) Limited                                          
Date: 02/02/2012 17:46:01 Produced by the JSE SENS Department.                  
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